Park Forest, IL 60466,CONFIDEN CONFIDENTIAL
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Park Forest, IL 60466,CONFIDEN CONFIDENTIAL
Park Forest, IL 60466,CONFIDEN CONFIDENTIAL
Park Forest, IL 60466,CONFIDEN CONFIDENTIAL
Park Forest, IL 60466,CONFIDEN CONFIDENTIAL

$262,000

Est. payment /mo

$315,000

16.8%
Est.Price: ?

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CONFIDEN CONFIDENTIAL Park Forest, IL 60466

6,645 SqFt

SOLD DATE : 11/08/2018

Key Details

Sold Price $262,000

Property Type Commercial

Sub Type Multi Family 5+

Listing Status Sold

Purchase Type For Sale

Square Footage 6,645 sqft

Price per Sqft $39

MLS Listing ID 10085898

Sold Date 11/08/18

Year Built 1952

Annual Tax Amount $37,695

Tax Year 2017

Lot Size 1.250 Acres

Lot Dimensions 54228 SQ FT

Property Description

Portfolio of seven single family homes inside a 1/4-mile radius. All properties are 2bd/1ba, professionally rehabbed within the past 2-6 years, 5 of 7 occupied on 12-month leases with no delinquency (blend of market rate and Section 8) with 2 recently vacant. Seller will leave vacant or place tenants if buyer prefers. Portfolio generates over $42,000/yr in gross revenue. Taxes have all been appealed and average $5,400/yr/house with no exemptions, and assessed values can be appealed DOWN 10%+ after purchase.

Location

State IL

County Cook

Zoning MULTI

Interior

Cooling Central Air, Window Unit(s)

Fireplace Y

Exterior

View Y/N true

Roof Type Composition

Building

Foundation Concrete Perimeter

Structure Type Brick,Wood Frame

Others

HOA Fee Include None

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Listed by Keller Williams Preferred Rlty
Bought with Good Realty Co

Wade Marshall

Real Estate Advisor | License ID: 475.129060

+1(773) 450-1247

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